At the moment, still cash rich = RM157 million as at 31/3/21 Debts only RM6.6 million
BLee: TQ, @whistlebower99 for highlighting the 'good' financial status. I have written 2 articles on Focus D, link attached in case you are interested.
The total issued shares will be larger than that of TOPGLOVE (8,206,694,034) !!!
=================
When the cash is almost used up, there is always a possibility of going for shares consolidation and followed by fund raising again via rights issue with free warrant.
Retailer shareholders will end up with most losses.
BLee: If warrants and Focus-PA converted, how much $ brought into cash flow? Answer: Total warrant Focus-WD= 3,066,399,051 x 0.8 = RM 2,453,119,240.8 Total ICPS (PA) = 903,363,292 x 0.55/10 = RM 49,684,981.06 (min.) Total = RM 2,502,804,221.86
That is RM2.5B, Focus D will be cash rich then. It will NOT likely happen as conversion of RM0.8 and RM0.55 respectively ONLY tenable if Focus D market price moved back to the good old times!!
================================== @whistlebower: Trade wisely, set realistic target
Foreign funds continued as net buyer? Yesterday (25 Aug., 2021) trading status:-
Participation (%) Bought (RM m) Sold (RM m) Net (RM m) Institutions 43.9 1,176.9 1,365.9 -189.1 Retail 34.5 974.1 1,021.6 -47.4 Foreign 21.6 743.4 506.9 236.5 Total 100.0 2,894.4 2,894.4 0.0
Good days are coming for Focus D? Yesterday half morning up 22.2%. Today half morning up 10% from yesterday 5 sen closing (last 1 lot push up at 5.5 sen!!) .
@investor2021trading, always good to take profit. No need worry if price go higher, a bird in hand worth many in the bushes.
minus all d cheating, etc... at least there is still a small profit achieved! business now should pick-up with d Hong Kong n Malaysia's economy opening up! d financial results shown now is considered more factual n hope d low PE ratio of 11.90 n low EPS of 0.42c will goes up without anymore new PP, share splits, etc...
agreed with u it's pointless writing if d share price don't go up! i see ur anger n frustration in Focus n Saudee! 27/08/2021 10:37 AM
BLee: My opinion is if we own the shares (I own Focus-PA only at slightly above 1 sen), as in team competition Liverpool vs MU/MC, be a good cheerleader supporting our selected team (share counter).. Happy trading.
u or any investors can imagined if Fintec with such a bad reputation in Bursa is still buying Focus shares in millions of units till today, what is that to shun or scared of Focus Dynamic? cheers bro n happy trading with care!
@whistlebower99: ..don't be trapped at high price for years
BLee: Focus D at around 5sen and Focus-PA at around 1sen; is it consider high price or bargain?? Last 6 quarters with profit and good fundamental...please do own due diligence.
@BILLC, Fintec did PP and ESOS (21 times) issuing price at 'not more than a 10% discount to the weighted average market price of the shares for the five market days immediately before the price-fixing date', depressing the trading price?? If you read below report, you might find the answer:
Hong Kong not very good place to keep money d and usd is at its high point, best time to buy MYR, soon after instead of only having business gains, MYR gains is a bonus, Malaysia is an up coming financial centre, good move good move.
bro, Fintec n AsiaBio Capital buying big into Focus is gud enough! they buy in millions of units! they raised money from issuing PP, RI, etc... n keep buying Focus shares! Focus buying n controlling of Saudee, LKL n GOcean r vy attractive to them!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
whistlebower99
5,255 posts
Posted by whistlebower99 > 2021-08-24 10:47 |
Post removed.Why?